In aggregate what appears to be rounding errors to the employer ultimately makes up an appreciable difference in expenditures.
> If you have a high salary today your employer already has an incentive to get rid of you and replace you with a new grad. It already happens.
This is a little different as the employer is making a trade off between employee experience and employee cost. Employers don't have an incentive to replace an employee with an equally skilled employee at the same market rate, but when the salary is randomly chosen out of a range, employers do have an incentive to replace high rollers with new employees who are statistically likely to roll something lower.
> If you have a high salary today your employer already has an incentive to get rid of you and replace you with a new grad. It already happens.
This is a little different as the employer is making a trade off between employee experience and employee cost. Employers don't have an incentive to replace an employee with an equally skilled employee at the same market rate, but when the salary is randomly chosen out of a range, employers do have an incentive to replace high rollers with new employees who are statistically likely to roll something lower.